Southern Cross Gold Consolidated Ltd V.SXGC

Alternate Symbol(s): MWSND

Metals & Mining Gold

Southern Cross Gold Consolidated Ltd., formerly Mawson Gold Limited, is engaged in exploring for epizonal gold in the Victorian goldfields. The Company operates three exploration projects: Sunday Creek Project, Redcastle Project, and Mount Isa project. The Sunday Creek Project is a shallow orogenic (or epizonal) Fosterville-style deposit located approximately 60 kilometers (km) north of Melbourne and contained within 16,900 hectares (ha) of both granted exploration licenses and one granted retention license. It owns over 1,054.5 ha of freehold land on Sunday Creek that forms the key portion in and around the main drilled area at the project and the land immediately adjacent to the south. The Redcastle Project is located in central Victoria, approximately 120 km north of Melbourne, 45 km east of Bendigo and about 20 km northeast of Heathcote. The Company holds three granted exploration tenements southeast of Cloncurry totaling 387 square kilometers (km2) and a combined strike of 37 km.

TSXV:SXGC - Post by User

Southern Cross Gold Consolidated Ltd > Proposed MAW acquisition to benefit all shareholders

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Comment by habsguyon Jun 11, 2024 9:37am

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Post# 36082471

RE:Proposed MAW acquisition to benefit all shareholders

Good points....they are keeping it simple....and making it easier for the big coin boy's to play.....one game one angle...

The point that I read dif is the spin out of Swedish assets...I'm getting that they will be spun out before the Aussie arrangement....they can still raise coin and drill there as they wait for the final legislation....

Bottom line is....we got a new beast....and the bit should be talkin soon...gl

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